NOT LISTED FOR SALE

Estimated Value: $530,226 - $740,000

1 Bed
1 Bath
850 Sq Ft
$747/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $475,000 $559 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,737/month

28 Days on Market

About This Home

As of February 2023

Welcome to 283 East 5th Street, 1C -- an exceptional, oversized, 1 Bedroom Apartment in Prime Kensington... with So Much Room to Grow!!This Corner Pre-War, Art Deco Co-op is well-proportioned and very quiet, with generously-sized rooms and pre-war detail. Previously configured as a 2 bed, this almost 850 square foot 1 bedroom, can easily be transformed into a 2 bedrooms, Plus! See proposed floorplan attached!

This elevated 1st floor apartment features an elegant foyer/entryway, with 2 easy to access closets to store all away, before stepping down into your living space. The grand 20-foot sunken living room is a show stopper, and provides a spacious, yet intimate seating area, along with the glamour of a romantic bygone era. Additional period details include gorgeous, newly refinished, herringbone and parquet floors, 9-foot ceilings, and pretty crown molding! The apartment boasts windows in every room, including the kitchen and bathroom.

Enjoy cooking in your brand, new kitchen! Clean lines and white cabinets create a kitchen that is modern and timeless. The windowed kitchen provides lower and ceiling-height upper cabinets on both sides, and plenty of counter space for food preparation. Gorgeous granite countertops sit atop beautiful white wooden cabinets, accented by stainless steel appliances including a quad-door refrigerator. Polished white subway tiles provide the backsplash throughout, and slate floor tiles round out the kitchen, allowing prep work and cleanup to be quick and easy.

There is a dining room just off of the kitchen. An additional room off of the dining area can be accessed through the entry foyer as well. Currently utilized as a walk-in closet, but multiple options here. Opt to keep as is, or open the dining area for a full open layout plan with the living room, as other units in this line are setup.

The windowed bathroom is elegantly tiled throughout for easy maintenance.

The serene, corner bedroom is separate from the living area, and can easily accommodate king-sized furniture, and a full office area. If you need more room, there is an easy plan to convert this king bedroom into 2 bedrooms or 1 bedroom and an office/nursery space! This home's flexible layout gives you so many options to create the perfect space for you!!

This professionally-managed co-op is impeccably maintained with a live-in super. The building's basement level provides private storage for this unit, bike storage and a central laundry room with card-operated machines. A sweet Common Outdoor Space is also available for owners, complete with grill and seating. Cats are permitted, and dogs upon approval.

Perfectly located in prime Kensington, this Beautiful, Art Deco, Elevator Building, is on the corner of quiet Albemarle Road and East 5th Street. This terrific location provides easy access to F/G trains on Church Avenue 3 blocks away, local buses, and the express bus to Manhattan. It is 2 blocks to Greenwood Playground and P.S. 130. Ocean Parkway provides a short walk to Brooklyn's premier playground Prospect Park, or a fun and easy bike ride to the beach at Coney Island. Multiple Citi Bike stations are available within blocks of building. Shopping, restaurants and amenities, all conveniently close by.

FIRST OPEN HOUSE: Sunday, November 6th, 12:00 - 1:00 pm!

Last Agent to Sell the Property

Michele Silverman

Corcoran Group License #10401245983 Listed on: 11/03/2022

Corcoran Group

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1939

HOA Fees

  • $785 Monthly HOA Fees

Home Design

  • 850 Sq Ft Home
  • Pre War Building
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 25 Units
  • Kensington Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 05328

Property Details

Home Type

Co-Op

Year Built

Built in 1939

Lot Details

0

HOA Fees

$785 per month

Listing Details

  • Cross Street: CATON AVENUE and ALBEMARLE ROAD
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kensington
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 6

Interior Features

  • Living Area: 850.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 785.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 25
  • Total Stories: 6
  • Year Built: 1939

Tax Info

  • Tax Block: 05328

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Off Market $475,000 -- --
02/21/2023 02/21/23 Sold $475,000 +47499900.0% $559 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $1 -- $0 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10828085

Real Estate Board of New York (REBNY)

APN: 05328-00511C